Sampling mean and population mean

Assignment Help Basic Statistics
Reference no: EM1393365

Drug manufacturer knows that for a certain antibiotics, the average number of doses ordered for a patient is 20. Steve Simmons, a salesman for the company, after looking at 1 day's prescription orders for the drug in his territory, announced that the sample mean for this drug should be lower. He said, "For any sample, the mean should be lower, since the sampling mean always understates the population mean because of sampling variation." Is there any truth to what Simmons said? Explain.

Reference no: EM1393365

Questions Cloud

How much is the constant amount : How much is the constant amount "x" and how much is the 48th payment and the dealer has offered you a 5-year maintenance contract for $800 per year payable at the end of each year.
Difference in dna sequence among species : There is evidence that many of differences in DNA sequence among species are not adaptive. Other differences among species, both in DNA and in morphology
Descriptive and inferential statistics : Differences in Descriptive and Inferential Statistics and analyze the differences between descriptive and inferential statistics.
Method of stickiness advantageous : The gecko is a reptile that has amazing ability to climb smooth surfaces even glass. Recent discoveries indicate that geckos stick to smooth surfaces via van der Waals interactions in septae on their feet and smooth surface.
Sampling mean and population mean : Drug manufacturer knows that for a certain antibiotics, the average number of doses ordered for a patient is 20. Steve Simmons, a salesman for the company
Dummy variable in regression analysis : First, describe in your own words (no direct quotes, please) what a dummy variable is and its purpose in regression analysis. Secondly, provide an example of where you might use a dummy variable from your own professional experience.
Find required alien for dna synthesis and mitosis : A young researcher at National Institute Health and interested in eye development, and hoping to find a cure to blindness in your lifetime
Modelling and coefficient of determination : The managers of a brokerage firm are interested in finding out if the number of clients a broker brings into the firm affects the sales generated by the broker.
Probability and fail to reject the null hypothesis : An environmentalist estimate that the mean waste recycle by adults in the country is more than 1 pound per person per day. You want to test this claim, you find that the mean waste recycled per person per day for a random sample of adults in the c..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd